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Guangdong Highsun Meida New Materials Co., Ltd. (China)

Main Activities: Textile Mills | Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing
Full name: Guangdong Highsun Meida New Materials Co., Ltd. Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The company is the first in China to introduce nylon 6 manufacturing equipment and technology. It has formed business operation mode of fiber new material as the main and nylon 6, polymerization, spinning, weaving and dyeing manufacturing and operation integrated large modern enterprises. It is one of fist batch of 300 key state-owned enterprises and one of 70 key development enterprises of Guangdong province. The company is mainly engaging in nylon 6 chips, spinning and weaving. It is a National Quality AAA+ grade credit enterprise, national top 500 information application enterprises, top 100 enterprises of China Petroleum and Chemical Industry as well as top 10 of China’s chemical fiber industry.

Headquarters
Shallow mouth on Jianghui Road, Xinhui District, Jiangmen City, Guangdong Province
Jiangmen; Guangdong; Postal Code: 529100

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Website: http://www.meidanylon.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 09, 1997
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Director
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Director
Ownership Details
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23.36%
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21.15%
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0.79%
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0.61%
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0.61%
Subsidiaries
Changde Meihua Nylon Co., Ltd.
100%
Guangdong Meida New Materials Co., Ltd.
100%
Hong Kong Meihua Investment Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Guangdong Highsun Meida New Materials Co., Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
19.02%
Total operating revenue
19.15%
Operating profit (EBIT)
83.33%
Net Profit (Loss) for the Period
83.27%
Total assets
-10.46%
Total equity
38.57%
Operating Profit Margin (ROS)
3.41%
Net Profit Margin
3.39%
Return on Equity (ROE)
5.33%
Debt to Equity Ratio
-70.57%
Quick Ratio
0.4%
Cash Ratio
0.11%

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